Listing Details

120 29 Avenue, Calgary

Multi Family for Sale

120 29 Avenue, Calgary, MLS® # A2310526
  • MLS®#: A2310526
  • Price: $1,980,000
  • Parking: 6
  • Status: Active
  • Year Built: 1972
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

This 8-unit concrete apartment building in Tuxedo Park, comprising seven one-bedroom units and one studio, offers a rare turnkey investment with significant value-add potential. The property has undergone over $240,000 in recent capital improvements—including a new high-efficiency hydronic boiler, a full SBS membrane roof replacement, electrical upgrades, and building-envelope and security enhancements—ensuring that all major mechanical and structural work is complete. Currently operated as non-market housing, the asset sits significantly below inner-city market rates, providing immediate rental upside through unit-level cosmetic renovations. Situated just one block north of the future 28th Avenue Green Line LRT station and steps from the Centre Street MAX Green BRT corridor, the property features six energized parking stalls, shared laundry, and a current fire inspection on file, making it a premier transit-oriented acquisition.

Contact Laura Ipsum About MLS® A2310526

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Laura Ipsum, 7804256270 at Redman Office Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3

property information

  • Property Type: Multi Family
  • MLS®#: A2310526
  • Year Built: 1972
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Community Information

  • Address: 120 29 Avenue
  • Neighbourhood: Tuxedo Park
  • City: Calgary
  • Postal Code: T2M2L8
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interior

  • Included: 8 Fridges 8 Stoves 1 Washer & 1 Dryer
  • Fireplace Details: For Sale
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exterior

  • Exterior Finish: Concrete
  • Construction: Concrete
  • Roof: Flat Torch Membrane
  • Frontage: 19.20M 63`0" metres
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services & amenities

  • Parking: (6 Total Parking Spaces)
  • Heating: Boiler,Natural Gas
  • Heating: Boiler, Natural Gas
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$1,980,000

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